Record High Diesel Prices Threaten Domino Effect To Other Goods

Record High Diesel Fuel Prices Are Yet Another Driver Of Rising Costs For Americans, And Those Costs Could Get Even Higher This Year.

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Economy Adds More Jobs Than Expected, Wages Can’t Keep Up With Inflation

Wage Gains Have Not Kept Pace With Inflation, Which Is Rising At The Fastest Rate In Decades. In Roughly The Last Twelve Months, Energy Costs Have Risen Roughly 30% And Food Prices Have Risen Almost 10%, With The Overall Inflation Rate Much Higher Than The 5.2% Wage Gains.

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3.1% Of Tennessee Workers Are Quitting Their Jobs

100,000 People In Tennessee Quit Their Jobs In March, The Most Recent Month Of Available Data – A 5.3% Increase From One Year Earlier. This Accounts For 3.1% Of The Total Workforce, Slightly Higher Than The 3.0% Share Of Workers Nationwide Who Quit Their Jobs In March.

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Inflation Slowed In April, But Prices Continued Their Steady Increase

Inflation Continued Its Steady Rise In April, When The Consumer Price Index Increased 8.3% Over Last Year, According To Data Released Wednesday By The U.S. Bureau Of Labor Statistics.

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